Today, Charles Oliver, HBSc CFA commented about whether PAAS-T, IMG-T, AGI-T, CCO-T, ELD-T, LSG-T, GUY-T, YRI-T, PRB-X, ANV-T, PDL-T, BTO-T, FM-T, SGR.H-X, BAA-T, CNL-T, THO-T, DNA-T, P-T, PG-T, CPN-T, TME-X, GLW-X, KL-T, ROXG-T are stocks to buy or sell.
Visited mine earlier this year. Has been around for 80 years. High Grade. Had a longer ramp up compared to others this decade. They had to train a work force. Increased hoisting capacity to get more waste and ore out of the mine. They are expanding their mill. Are addressing every issue they have. Thinks they will get through.
Been involved for many, many years. Have not met expectations over the last couple of years. Had to take on some debt and stock got cheap. He increased his position. Thinks gold will go up and so will this stock. Higher gold prices will start to skate them onside. They have to execute and to manage dilution.
Markets. We are seeing a bottom process on gold and also a bottom. We are definitely in the bottoming process or well beyond it. It feels like the bottom now. New money is starting to come into the sector. He is not expecting tax loss selling this year in resource and precious metals. If you have no exposure you should build a position over time.